SBI Life Insurance Company Claims Manager Salaries by 3 Employees

16 - 20 years exp.

₹12.5 Lakhs - ₹15.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (84%)

₹11.8 Lakhs

Variable (16%)

₹2.3 Lakhs

147% more than the average Claims Manager Salary in Insurance Companies for 16 - 20 years of experience

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Last Updated: 12 May 2024

Companies similar to SBI Life Insurance Company for Claims Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Claims Manager Salary 3 - 10 years exp. (46 salaries)	₹2.7 L/yr - ₹8 L/yr 64% less
HDFC Ergo General Insurance Claims Manager Salary 1 - 15 years exp. (36 salaries)	₹4.6 L/yr - ₹12.5 L/yr 40% less
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Star Health & Allied Insurance Claims Manager Salary 2 - 13 years exp. (22 salaries)	₹2.2 L/yr - ₹7.7 L/yr 64% less
SBI General Insurance Claims Manager Salary 4 - 18 years exp. (9 salaries)	₹4.6 L/yr - ₹15 L/yr 40% less
Bajaj Allianz General Insurance Claims Manager Salary 6 - 23 years exp. (8 salaries)	₹12 L/yr - ₹15 L/yr 7% less
HDFC Life Claims Manager Salary 5 - 17 years exp. (6 salaries)	₹7 L/yr - ₹14.4 L/yr 24% less
ICICI Prudential Life Insurance Claims Manager Salary 4 - 16 years exp. (5 salaries)	₹7.8 L/yr - ₹10 L/yr 42% less
Tata AIA Life Insurance Claims Manager Salary 5 - 17 years exp. (4 salaries)	₹8.6 L/yr - ₹12 L/yr 24% less
Aditya Birla Health Insurance Co Claims Manager Salary 2 - 10 years exp. (4 salaries)	₹6.2 L/yr - ₹9.5 L/yr 41% less
Bajaj Allianz Life Insurance Claims Manager Salary 10 - 13 years exp. (4 salaries)	₹11.5 L/yr - ₹13.1 L/yr 11% less
Kotak Mahindara Life Insurance Claims Manager Salary 6 - 8 years exp. (4 salaries)	₹7 L/yr - ₹8.9 L/yr 42% less
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United India Insurance Company Claims Manager Salary 5 - 14 years exp. (3 salaries)	₹5 L/yr - ₹18 L/yr 17% less

Claims Manager salary at SBI Life Insurance Company ranges between ₹12.5 Lakhs to ₹15.5 Lakhs per year for employees with experience between 16 years to 20 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Life Insurance Company.

Experience wise SBI Life Insurance Company Claims Manager salaries

Last Updated: 12 May 2024

Experience	Avg Annual Salary
15+ years (3 salaries)	₹12.5 L/yr - ₹15.5 L/yr
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Salary related reviews for SBI Life Insurance Company

Management Trainee in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Nov 2023

4.0

for Salary and Benefits

Likes

Salary and benefits are supportive.

Salary - Good

+1 more

Dislikes

No work life balance. The sales team pushes things like hell specially in the eastern region of the country. Third Saturday is a leave according to the company's leave policies but we don't get that leave.

Skill development - Poor

+4 more

Senior Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 May 2022

3.0

for Salary and Benefits

Likes

Average work environment and culture . Teammates are supportive and the management is selfish. Company policies are bad . Appraisals not fair in this company.

Job security - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

Work satisfaction - Poor

+2 more

Senior Associate in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Apr 2018

3.0

for Salary and Benefits

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Company is

Job security - Good

+1 more

Dislikes

Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

Senior Associate in Sultanpur

BFSI, Investments & Trading Department

5.0

• posted on 29 Oct 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give salary hike and bonus every year.

Salary - Excellent

+6 more

Business Development Manager in Deoghar

Full Time

Marketing & Communication Department

5.0

• posted on 30 Jan 2025

2.0

for Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

Skill development - Good

+3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

Salary - Poor

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SBI Life Insurance Company Claims Manager Salary FAQs

How the salary growth look like for a Claims Manager at SBI Life Insurance Company in India?

The salary growth for a Claims Manager at SBI Life Insurance Company depends on factors such as experience, performance, and promotions. On average, a Claims Manager can expect the following growth trajectory at SBI Life Insurance Company:

Experience	Average Salary Range
15 years	₹12.5 Lakhs to ₹15.5 Lakhs per year

and so on.

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SBI Life Insurance Company Claims Manager Salaries

SBI Life Insurance Company Claims Manager salary in India ranges between ₹12.5 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.